Summary:

Global cloud infrastructure market is expected to reach $206.93 billion, mainly dominated by North America, particularly the US, will be the largest market among Latin America, Western Europe, Central Eastern Europe (CEE),Middle East & Africa and Asia-Pacific.

“Global cloud infrastructure market is expected to reach $206.93 billion by the end of 2020 driven by all segments of the industry,” according to Infoholic Research. The high growth has come mainly from the manufacturing industry followed by banking & financial services industry. The manufacturing industry is expected to reach $72.84 billion by 2020 at a CAGR of 13.7% for the forecast year 2015-2020.

The Increasing globalization of retailing in terms of and point of sale and point of supply the ICT spend in the retail sector increased over the years. It’s important for retailers to deploy more advanced retail information systems to gain competitive edge. The need of improving the customer interaction, to accelerate the retail operations is encouraging retailers to spend huge amount in retail sector.

The report provides unique insights into and in-depth analysis of ICT spending in retail sector, drivers and restraints as well as growth opportunities. It also contains analysis and forecasted revenues, competitive landscape, company profiles and industry trends.

The main objective of this study is to understand the IT market potential for retail in India. The focus is on different IT systems and applications available in the market with special focus on hardware, software & services market. The report presents the industry structure of retail IT penetration across the retail industry sectors. The report discusses the total market size of the IT retail industry and its segments. The future outlook is an important part of the report, which gives an idea of industry performance in the near future. In addition, there are many players helping the industry to grow, out of which few are discussed in this report.

The market estimates for Indian IT retail market for 2015 is $37.48 billion. The estimated market for 2020 is $81.23 billion, driven by all segments of the industry. The high growth has come mainly from food & grocery and apparel industry. IT services is expected to make a rapid growth in the next five years; expected CARG is 16.73% by 2020.

The ever-changing innovation environment in the internet of things (IoT) market gives a lot of scope to start-ups to offer new devices and services to its customers, which in turn helps in the growth of the cloud infrastructure market as the majority of these start-ups will use cloud services as it is cost effective and start-ups get access to the latest technology," opined Pavan Mudholkar, senior analyst. Lot of changes are expected to be seen during the forecast year 2015-2020. Cloud infrastructure is one the important technology trends that has marked its way in the last 10 years.

Regional Overlook:

Indian Market

Applications:

In-store Management

Customer Centric Management

Headquarter Management

Supply Chain Solution Management

Verticals:

Food & Grocery

Apparel

Telecom

Food & Service

Jewelry

Pharmacy

Consumer Electronics

Others

Technology Types:

Hardware

Software

Services

Regions: 

Metros

Mini Metro

Tier I

Tier II & Below 

Applications:

In-store Management

Customer Centric Management

Headquarter Management

Supply Chain Solution Management

Key players:

Oracle

Tata Consulting Services

Cisco

Infosys

International Business Machines Corp (IBM)

Wipro

Cognizant

SAP